Category Archives: Business

Business, Finance, Stock market & Investment News

TTK Prestige’s dream run in Indian share markets!

TTK Prestige’s dream run in Indian share markets!

TTK Prestige has posted robust Q2 profits/earnings at Rs.33.71 crore; a jump of 55% from the quarter ended September 30, 2010 figures. Its total income for the quarter surged by 52% year-on-year at Rs.303 crore. TTK Prestige is involved in providing total kitchen solutions such as pressure cookers, non-stick cookware, mixer-grinders, pop-up toasters and electric…Continue Reading

NMAT 2012 MBA entrance exam from Oct 31!

NMAT 2012 MBA entrance exam from Oct 31!

NMAT 2012 will be held in a three-month test window starting from 31st October 2011, allowing choice of two retakes to the students. NMAT – NMIMS Management Aptitude test – is the MBA entrance exam for admission to the well-known Narsee Monjee Institute of Management Studies. NMAT 2012 will be held in three sections –…Continue Reading

UGC NET Dec 2011 exam date and details!

UGC NET Dec 2011 exam date and details!

UGC NET Dec 2011 exam date has been fixed at December 24, 2011. The online application for UGC National Eligibility Test for the Award of Junior Research Fellowship and Eligibility for Lectureship in Indian universities and colleges will remain open until October 25, 2011. A minimum eligibility criterion of 55% marks in Master’s Degree or…Continue Reading

Are Indian Banks losing their safety tag?

Rating agency Moody’s have downgraded stand-alone rating of State Bank of India to D+ from C- on the back of its modest capital, weakening asset quality and lower baseline credit assessment of Baa3 level. The public sector bank SBI’s NPA stood at 3.52% of its assets as of June 2011. The surprise cut in the…Continue Reading

Moody’s downgrade Italy’s credit rating!

Rating agency Moody’s has downgraded Italy credit rating by three notches to A2 from Aa2, citing material increase in funding risks and negative outlook. The downward pressure comes at a time when euro zone is still struggling to keep a smaller constituent economy like Greece as amply liquidated. The lowering of rating by Moody’s Investors…Continue Reading

Two Stocks to Sell as well as Buy – L&T & Thermax!

Two Stocks to Sell as well as Buy – L&T & Thermax!

Shares of L&T and Thermax can be sold as well as bought from different time perspectives. While shares of L&T and Thermax can be sold by traders with short-term perspective, investors can latch-on to these stocks on any sharp down move from long-term perspective. While both the engineering stocks seem weak on technical charts, the…Continue Reading

Bigg Boss 5 Reality show: Contestant details!

Bigg Boss 5 Reality show: Contestant details!

India’s most controversial reality show Bigg Boss has kicked off with its Season 5. In a new makeover, the show has come out with a unique set of contestants, where the Hindi Film’s actor Shakti Kapoor will wrangle out with 13 beautiful female contestants. Just wondering whether the Bollywood villain will be in for a…Continue Reading

How realistic is Rs.32 BPL yardstick?

How realistic is Rs.32 BPL yardstick?

The Planning Commission is likely to tweak the Rs.32 definition of poverty set to differentiate between people from below poverty line (BPL) living standards. The Planning Commission has decided to revisit the BPL boundary at a meeting on October 3. The BPL spending threshold calculation of Rs.32 per day in cities and Rs.26 a day…Continue Reading

Top 10 List of English Dailies and Magazines!

Top 10 List of English Dailies and Magazines!

Amongst English daily, Times of India tops the Indian Readership Survey for 2011-Q2 with a readership of 74.71 lakh, followed by Hindustan Times (37.37 lakh), The Hindu (20.77 lakh), The Telegraph (12.09 lakh) and Deccan Chronicle (10.88 lakh) forming Top 5 list of English dailies of the country. The Hindu witnessed a marginal drop in…Continue Reading

Will India Post offer Banking services?

Will India Post offer Banking services?

Infosys has bagged Rs.700-crore postal contract pertaining to financial services systems integration, according to a media report. The India Post IT modernization project is pegged at a total outlay of Rs.1877-crores, including creation of integrated, modular software solution covering postal operations, banking and insurance services. Under the new contract, Infosys would enable swifter postal banking…Continue Reading